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<!-- you can have any number of categories here --> [[Category:Real Markets|100]] [[Category:Markets|200]] [[Category:Libertarian Propaganda Terms]] [[Category:Economics]] [[Category:Market Fundamentalism|200]] {{DES | des = "Free Market" (for libertarians) is a [[Libertarian Propaganda Terms|propaganda term]], by which libertarians actually mean '''[[unregulated markets]]'''. [[Free Market Theory|Free markets cannot exist: they are an ideal model in economic theory.]] The vast majority of uses of "free market" are actually about real, regulated, imperfect markets, which are very little like free market models. Truly free markets would include markets for anything, including murder, and require perfect information and perfect competition. I recommend "'''[[unregulated market]]'''" instead of the propaganda term "free market". | show=}} <!-- insert wiki page text here --> (See [[Free Market Theory]] for the economic theory.) Our actual markets, that libertarians call "free markets", are products of government: {{QuoteOne | The Myth of the “Free Market” and How to Make the Economy Work for Us/free market}} The identification of the "free market" with "[[laissez faire]]" was notably used in the 1962 Capitalism and Freedom, by economist [[Milton Friedman]], which [http://www.washingtonmonthly.com/features/2010/1003.lynn-longman.html is credited with popularizing this usage.] And of course, the first thing a "free market" will sell will be the coercion that undermines its freedom. <!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> <!-- otherwise, we would use {{Links}} and {{Quotes}} --> {{List|title=Free Market|links=true}} {{Quotations|title=Free Market|quotes=true}}
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